Redevelopment Apartment
For Sale
Contact for pricing
Pending
2021 S Ruble St, Chicago, IL 60616
Contiguous Chicago multifamily portfolio with four 2-flat buildings and two garages, zoned RT-4 and currently leased.
Property SizeContact for details
Lot Size0.28 Acres
Days on Market122
Property Features for 2021 S Ruble St
General Information
Standard status
Pending
Lot size
0.28 Acres
Property subtype
Multifamily
Zoning
RT-4
Listing Agency:
Essex Realty Group
(312) 935-1050
Listed By:
Steven Livaditis · License #IL
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 9 at 9:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Essex Realty Group
Investment Insights
Based on property information with market context.
The Ruble Portfolio offers five contiguous properties designed for redevelopment. The offering includes four multifamily apartment buildings configured as 2-flats, along with two garages. The current unit mix includes studio and 1-bedroom apartments, and the apartments are leased with units in various stages of updates.
The properties are located in Chicago’s Pilsen neighborhood at 2021-2029 South Ruble Street. The combined gross land area is approximately 12,000 square feet, and the land is presently zoned RT-4.
As currently configured, the portfolio provides a contiguous assemblage of multifamily and garage uses within the RT-4 zoning framework, supporting multiple redevelopment pathways consistent with the allowance of the existing zoning.
The properties are located in Chicago’s Pilsen neighborhood at 2021-2029 South Ruble Street. The combined gross land area is approximately 12,000 square feet, and the land is presently zoned RT-4.
As currently configured, the portfolio provides a contiguous assemblage of multifamily and garage uses within the RT-4 zoning framework, supporting multiple redevelopment pathways consistent with the allowance of the existing zoning.
Key Highlights
- Ruble Portfolio in Chicago’s Pilsen neighborhood includes five contiguous redevelopment properties on S Ruble St (2021–2029).
- Portfolio has four multifamily 2‑flat buildings plus two garages currently on the offering.
- Unit mix includes studio and 1‑bedroom apartments; units are currently leased in various stages of updates.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,670
Businesses Nearby
Explore this area
Business Placement
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Contiguous Chicago multifamily portfolio with four 2-flat buildings and two garages, zoned RT-4 and currently leased.
Where is this duplex located?
The property is located at 2021 S Ruble St Chicago, IL.
What are key features of this property?
This property features: Ruble Portfolio in Chicago’s Pilsen neighborhood includes five contiguous redevelopment properties on S Ruble St (2021–2029).; Portfolio has four multifamily 2‑flat buildings plus two garages currently on the offering.; Unit mix includes studio and 1‑bedroom apartments; units are currently leased in various stages of updates.
